One of the most usefull indicator that I always use in Trading Forex is Moving Average. Although there were many new Indicator appeare, but Moving Average is always usefull, especially for me. It’s easy to draw, and easy to read. There are many ways and theory about how to read Moving Average Indicator. I will noted the easy untill the expert mode. I’m not an expert, it’s  for my journal, so I can review my trading.

Moving Average basically is a trend detector Indicator.  MA show whether the trend is Bullish ( Up) or Bearish ( Down ). The Picture here will show:

Bullish

Bearish

We can see the two picture above. The moving Average Line is under the candlestick, so it means the trend is Bullish. And so is the opposite. If the MA line is above the Candlestick Chart, it mean the trend is Bearish or Down.

This is my first note about Moving Average. I will update more about the Moving Average and the system of Moving Average Warrior.

To Be Continue…

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